Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Rate of vat on fertilizer & ceramic pots

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Rate of vat on fertilizer & ceramic pots
Query (Issue) Started By: - Rudrayani Shedjale Dated:- 17-9-2016 Last Reply Date:- 19-9-2016 VAT + CST
Got 7 Replies
VAT / Sales Tax
Hello The rate of vat on fertilizer is 5.5% and on ceramic pots its 12.5% in Maharashtra. Just seen a notification that tax rate has been enhanced to 6% and 13.5%. Since 17th September. Please explain is it ap .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... plicable to fertilizer and pots Reply By YAGAY AND SUN: The Reply: Since, the changes made across the board by the MVAT Department, therefore, such changes shall be applicable on Fertilizer and Ceramic pots also. However earthen pots and organic manure shall be tax free/exempted from VAT. Following link is just for your kind information. http://www.mahavat.gov.in/Mahavat/MyFold/KNOWLEDGE%20CEN .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... TER/DDQ/KNOW_DDQ/KNOW_DDQ_03_14_12_2_45_20PM.pdf Reply By YAGAY AND SUN: The Reply: Please go through the link and check whether the goods as specified by you in your query duly falls under this notification or not? http://www.mahavat.gov.in/Mahavat/MyFold/DOWNLOADS/NOTIFICATIONS/KNOW_NOTIFI_MVAT/KNOW_NOTIFI_MVAT_09_16_16_6_24_4PM.pdf Reply By Rudrayani Shedjale: The Reply: Yes fertilizer fal .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ls under schedule c against serial number 34 where rate of tax was 5.5% and ceramic pots comes under schedule e where rate of tax is 12.5% which have been increased to 6 & 13.5% respectively. Thank you for the information. Reply By Ganeshan Kalyani: The Reply: The tax rate change in with effect from 17.09.2016. Thanks. Reply By Ganeshan Kalyani: The Reply: Refer Notification No. VAT. 1516/CR .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 123/Taxation-1 16.09.2016 Reply By Ganeshan Kalyani: The Reply: Schedule C tax rate was increased from 5% to 5.5% with effect from 01.04.2016. And now fro. 5.5% to 6% . This seems that Govt is changing this tax rate keeping in view of upcoming GST. Reply By Ganeshan Kalyani: The Reply: Also, the new system for uploading VAT/ CST return has been implemented with effect from 01.04.2016. In fac .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... t website has been developed keeping in mind the need of the same in GST.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates